Société Générale SA has submitted a Form 8.3 opening position disclosure to the Irish Takeover Panel concerning Permanent TSB Group Holdings plc (-PTSB), the Irish retail banking firm, revealing a total interest of 2.24% in the company’s €0.01 ordinary shares as of 18 August 2026. The French banking institution also holds a short position amounting to 0.76% of the same share class. This disclosure, published on 19 August 2026, complies with Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which requires public reporting by anyone holding 1% or more of relevant securities. Investors in Permanent TSB are closely monitoring the situation given the regulatory framework mandating Form 8.3 filings.
Key Points
Permanent TSB Group Holdings plc (-PTSB) is an Irish retail bank listed via CDI
Société Générale SA disclosed a 2.24% total interest and a 0.76% short position in PTSB’s €0.01 ordinary shares as of 18 August 2026
The bank acquired 374,116 shares and simultaneously increased its CFD short position by 374,116 securities, both at €2.95 per share
Market participants will watch for additional Form 8.3 disclosures that may signal shifts in institutional holdings
Société Générale’s Holdings and Short Positions in Permanent TSB’s €0.01 Ordinary Shares
The Form 8.3 filing reveals that Société Générale’s total declared interest in Permanent TSB Group Holdings plc stands at 12,233,071 shares, representing 2.24% of the relevant share class. This includes 8,110,182 shares held through borrow products. The firm directly owns or controls 4,122,889 shares, equivalent to 0.76%. On the short side, Société Générale holds cash-settled derivatives referencing 4,122,787 shares, also 0.76%, resulting in a total short position of 4,122,840 shares at 0.76%. The disclosure reports no stock-settled derivatives or options.
Transactions Executed by Société Générale on 18 August 2026 in PTSB Shares
The filing confirms that on 18 August 2026, Société Générale purchased 374,116 shares of Permanent TSB’s €0.01 ordinary shares at €2.95 per unit. Concurrently, it increased an existing CFD short position by 374,116 reference securities at the same price of €2.95 per unit. This combination of a long purchase offset by an equivalent increase in CFD shorts suggests a hedged or paired trading approach, although the filing does not specify the strategy’s intent.
Mandatory Disclosure under Irish Takeover Panel Rule 8.3 for Permanent TSB Investors
This disclosure was made pursuant to Rule 8.3 of the Irish Takeover Panel Act, 1997, Takeover Rules, 2022, which requires any person with interests or short positions of 1% or more in relevant securities of an offeror or offeree to publicly disclose such holdings. Permanent TSB Group Holdings plc, operating as a retail and commercial bank in Ireland, is identified as the relevant offeree. Société Générale confirmed there are no indemnity arrangements, options, or agreements related to voting rights or future acquisition of the disclosed securities.